EPISODE · Jan 20, 2023 · 17 MIN
What Explains the Resilience of the Euro Area Economy?
from The Week That Was in Europe · host Klaus Adam & Dirk Schumacher
The Euro Area has faced one its most dramatic energy price shocks, is operating in an increasingly hostile international trade environment, and experienced a negative confidence shock following the Russian invasion in Ukraine. Yet, a recession has been avoided. We shed some light on why this is the case and what this means going forward.
What this episode covers
The Euro Area has faced one its most dramatic energy price shocks, is operating in an increasingly hostile international trade environment, and experienced a negative confidence shock following the Russian invasion in Ukraine. Yet, a recession has been avoided. We shed some light on why this is the case and what this means going forward.
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What Explains the Resilience of the Euro Area Economy?
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